In a move to address growing demand for houses in Western Australia, the AFL has released a new plan for the creation of the nation’s first homes.
The plan, which is due to be released next week, is aimed at providing a sustainable solution for the state’s housing market and the people who live and work in it.
Key points:The plan says it will only print the houses for people in the plan’s target age range of 18 to 34, and those living in homes built before 2000The plan also includes incentives for people who purchase the homes, including reduced mortgage paymentsThe plan is to be delivered by 2018The plan aims to provide an affordable and sustainable solution to the WA market that is “in the best interest of all”and aims to address rising house prices.
“It’s not going to be an overnight fix, but it’s something that will be delivered in a sustainable way that is in the best interests of all,” AFL CEO Andrew Demetriou said.
“We believe this is a key element of our plan and the fact that it will not only be delivered over the next two years, but that it’s coming at the right time is significant.”AFL CEO Andrew DeMett says the plan is aimed primarily at providing affordable housing for families.
“There are a lot of families out there that have got very little choice but to buy a house, to pay a deposit, and to put their kids to school,” Mr Demetrisou said on Monday.
“So we’re going to provide a home-buyer’s relief package for those people.”
The plan will also see people able to buy homes in the target age-range of 18-34 for $1.5 million.
“That’s a very generous offer for anyone who wants to buy an affordable home in Perth,” Mr DeMette said.
The $1 billion package will be funded by building $50 million worth of new houses, as well as $500 million for the construction of affordable housing.
The government’s $2 billion affordable housing program will also be delivered under the plan.
“This is a huge step forward in providing a long-term solution to Perth’s housing affordability crisis,” Mr Del Rio said.
Mr Demetrizou said the government wanted to ensure the plan was delivered quickly, given the looming deadline for the rollout.
“The fact is we’ve got to get the housing into people’s homes before we get the stamp of approval, so this is the best way to do that,” he said.
Read moreThe plan was developed in conjunction with the Australian Centre for Housing Research, which has estimated that by 2030, more than 10 million houses will be built in Perth.
It also aims to create more than 100,000 homes for people with mental health conditions.
“A lot of our members with mental illness have a difficult time accessing affordable housing and I think the plan puts that into perspective,” Mr Melanson said.AFL chief executive Andrew Demett says he hopes the plan will help alleviate pressure on WA’s housing markets.
“For a long time, WA has been a hotbed of affordable homes, and this is part of the solution to that,” Mr deMett said.
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